California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Chubb
CB
|
$44.4M |
| 2 |
Broadcom
AVGO
|
$40.5M |
| 3 |
Chevron
CVX
|
$28.4M |
| 4 |
Weyerhaeuser
WY
|
$27.2M |
| 5 |
Dentsply Sirona
XRAY
|
$21.1M |
Top Sells
| 1 |
CB
CHUBB CORPORATION
CB
|
$93.8M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$83.3M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$79.2M |
| 4 |
Meta Platforms (Facebook)
META
|
$37.7M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$35.7M |
Sector Composition
| 1 | Financials | 15.3% |
| 2 | Technology | 14.55% |
| 3 | Healthcare | 13.35% |
| 4 | Industrials | 10.83% |
| 5 | Consumer Discretionary | 9.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
GAP
426
The Gap, Inc.
GAP
$8.8B
| $27M | 0.04% |
916,725
+56,000
| +7% | +$1.65M |
|
427
UDR
UDR
$12.8B
| $26.9M | 0.04% |
698,082
-36,000
| -5% | -$1.39M |
|
428
Goodyear
GT
$2.42B
| $26.9M | 0.04% |
815,000
-11,900
| -1% | -$392K |
|
429
NetEase
NTES
$90.2B
| $26.8M | 0.04% |
934,775
-686,000
| -42% | -$19.7M |
|
430
Cintas
CTAS
$81.9B
| $26.8M | 0.04% |
1,194,740
-30,800
| -3% | -$692K |
|
431
NetApp
NTAP
$23.8B
| $26.7M | 0.04% |
976,716
+27,100
| +3% | +$740K |
|
432
Alliant Energy
LNT
$16.5B
| $26.6M | 0.04% |
716,508
+37,200
| +5% | +$1.38M |
|
433
Akamai
AKAM
$11.2B
| $26.4M | 0.04% |
474,850
-73,800
| -13% | -$4.1M |
|
434
L3Harris
LHX
$50.9B
| $26.3M | 0.04% |
338,261
-4,700
| -1% | -$366K |
|
435
Corpay
CPAY
$22.1B
| $26.1M | 0.04% |
175,200
+1,700
| +1% | +$253K |
|
436
Snap-on
SNA
$17B
| $26M | 0.04% |
165,500
-13,781
| -8% | -$2.16M |
|
437
Hasbro
HAS
$11.1B
| $25.8M | 0.04% |
322,434
-28,800
| -8% | -$2.31M |
|
438
CarMax
KMX
$9.02B
| $25.8M | 0.04% |
505,400
-45,900
| -8% | -$2.35M |
|
|
WFM
439
DELISTED
Whole Foods Market Inc
WFM
| $25.6M | 0.04% |
822,700
-4,800
| -0.6% | -$149K |
|
440
Hanesbrands
HBI
$2.22B
| $25.5M | 0.04% |
899,300
-115,400
| -11% | -$3.27M |
|
441
T-Mobile US
TMUS
$274B
| $25.4M | 0.04% |
664,200
-55,800
| -8% | -$2.14M |
|
442
Ball Corp
BALL
$13.7B
| $25.4M | 0.04% |
713,600
-20,600
| -3% | -$734K |
|
|
PAY
443
DELISTED
Verifone Systems Inc
PAY
| $25.4M | 0.04% |
899,500
-49,800
| -5% | -$1.41M |
|
|
SRCL
444
DELISTED
Stericycle Inc
SRCL
| $25.3M | 0.04% |
200,846
-15,000
| -7% | -$1.89M |
|
445
Williams Companies
WMB
$69.3B
| $25.3M | 0.04% |
1,577,035
-120,800
| -7% | -$1.94M |
|
|
FRC
446
DELISTED
First Republic Bank
FRC
| $25.2M | 0.04% |
378,400
-27,700
| -7% | -$1.85M |
|
|
TSS
447
DELISTED
Total System Services, Inc.
TSS
| $25.2M | 0.04% |
528,600
-25,153
| -5% | -$1.2M |
|
|
SPLS
448
DELISTED
Staples Inc
SPLS
| $25.1M | 0.04% |
2,280,066
+180,800
| +9% | +$1.99M |
|
|
LLTC
449
DELISTED
Linear Technology Corp
LLTC
| $25.1M | 0.04% |
564,200
+11,800
| +2% | +$526K |
|
450
Textron
TXT
$14.4B
| $25.1M | 0.04% |
688,300
-5,300
| -0.8% | -$193K |
|